Express
Coinbase Secures Interlocutory Appeal in SEC Lawsuit
Summary: In a significant development in the ongoing legal battle between Coinbase and the SEC, a U.S. judge has granted Coinbase's motion for an interlocutory appeal. This means Coinbase can now challenge the SEC's allegations in the Second Circuit Court of Appeals. The SEC had previously accused Coinbase of violating federal securities laws by operating as ...
In a significant development in the ongoing legal battle between Coinbase and the SEC, a U.S. judge has granted Coinbase's motion for an interlocutory appeal. This means Coinbase can now challenge the SEC's allegations in the Second Circuit Court of Appeals. The SEC had previously accused Coinbase of violating federal securities laws by operating as an unregistered exchange and broker-dealer, and by offering unregistered securities through its staking services. This decision pauses the proceedings at the district court level.